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Idaho Strategic price target raised to $21 from $17.50 at Roth Capital

Roth Capital raised the firm’s price target on Idaho Strategic (IDR) to $21 from $17.50 and keeps a Buy rating on the shares. The company’s production-based business plan is accelerating the funding and de-risking of operational and exploration growth initiatives, which includes exploration of gold prospects in the Murray Gold Belt and Elk City Mining District in Idaho, the analyst tells investors in a research note.

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